LQwD FinTech (TSX.V: LQWD) (OTCQB: LQWDF), a company focused on developing institution-grade payment infrastructure, liquidity and solutions for the Lightning Network, recently deployed additional routing nodes in Germany and Singapore. These represent the first of many international nodes LQwD plans to deploy, secured by company-owned Bitcoin. The establishment of these nodes into these international financial hubs translates to providing a gateway to process payments in the European and Asian markets – faster and with fewer fees. “LQwD has three public nodes currently available on the Lightning Network – US-West, Singapore and Frankfurt. The company launched its first node, US-West, in November 2021 and has experienced positive week-over-week growth, which is expected to occur with the international nodes,” a recent article reads. “By deploying these and other international nodes, LQwD is positioning itself to participate in the global adoption of the Lightning Network, which is gaining momentum. The company believes that nodes in Germany and Singapore will show capability and proof of concept, which paves the way for LQwD to become a prominent liquidity and payment processor globally.”
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About LQwD FinTech Corp.
LQwD is a Lightning Network Service Provider (“LSP”) focused on developing payment infrastructure and solutions accelerating the global mega trend of Bitcoin adoption through the Lightning Network. The company’s mission is to develop institutional grade services that support the Lightning Network and drive improved functionality, transaction capability, user adoption and utility and scaling Bitcoin. LQwD also holds and acquires Bitcoin as an operating asset, establishing nodes and payment channels on the Lightning Network. For more information, visit the company’s website at www.LQwDFinTech.com.
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